ST. MARY’S COLLEGE BAGANGA, INC.

Conception Street, Baganga

Davao Oriental

Compensation (HRMP 205)

Task 2

Prepared by:

GEMAR BRIONES

Checked by:

RALPH H. CELESTE, DBM

BA Faculty
BRIONES, GEMAR
BSBA-3 HRMD
HRMP 205
TASK 2
1. List the appropriate monetary and non-monetary incentive for the business.

Types of Incentives List Amount Underlying

objectives / purpose
Money Incentives One of the main
Bonus Ᵽ9,000.00 reason for giving such
Conveyance Ᵽ2,000.00 Monetary incentives is
House Rent Ᵽ1,000.00 to motivate the
Allowance employee to perform
Basic Salary Ᵽ 10,000 their job, and
Speial Allowance Ᵽ2,000 increased thier
productivity and
loyalty. To ratain the
best skilled employees
as well
Non Monetary Leave Policy like SSS Incharge of Their way of retaining
Incentives maternity leave the expenses the skilled employees.
Note: The basic pay and allowances depends on their positions.

2. Choose a type of Incentive Scheme suitable for the chosen business. Indicate the
reason for choosing it and illustrate possible one situation for two different jobs in
calculating this. Use the pay scale you designed from Midterm Activity. (Refer to page
39 to 53 for constructing this).

 The type of Incentve Scheme suitable for the chosen business is STANDARD
HOUR SYSTEM.
 The reason for choosing this type of incentive scheme is that the company pay
their worker on standard time basis.